published Jul 27th 2017, 11:01 pm, by Alex Nussbaum (Bloomberg) —Caution lights are flashing for the oil industry. Facing lower-than-expected commodity prices, drillers from ConocoPhillips to Hess Corp. to Statoil ASA have slashed their capital spending plans in recent days, as companies lay out their plans to cope with oil

published Dec 11th 2016, 1:56 pm, by Javier Blas, Elena Mazneva and Angelina Rascouet (Bloomberg) —Saudi Oil Minister Khalid al-Falih emerged from the OPEC meeting room on Saturday evening having endured months of secret petro-diplomacy, late-night phone calls and, a few times, disagreements that almost saw talks collapse. But he

©2015 Bloomberg News NNY4SJ6K50YC (For Energy column alerts: SALT NRGI ) (Bloomberg) — As the oil industry tightens its belt after the worst price slump in a generation, the state-owned giants of the Middle East are taking the opposite tack. Saudi Arabian Oil Co., Abu Dhabi National Oil Co. and